From extra legroom to lie-flat beds, major US carriers are unveiling new plane cabins that expand premium seats and cut back in coach https://t.co/QTwG4GQTVo ...

Group 1 - Pakistan is exploring options for the Roosevelt Hotel in Manhattan as part of its commitments to the IMF, including the possibility of demolishing it to build a skyscraper [1][2] - The government is considering a joint venture where Pakistan provides the land and a partner contributes equity, with clarity expected in the coming months [1][2] - The hotel, previously owned by Pakistan International Airlines (PIA), has been closed since the pandemic and briefly served as housing for migrants [2] Group 2 - The government is undertaking significant efforts to restructure or sell state-owned companies as part of a $7 billion loan agreement with the IMF [3] - PIA is likely to be the first asset sold, with hopes for a sale by November, as the airline has been reliant on government bailouts [3][4] - Interested buyers for PIA include some of the largest business groups in Pakistan, with an estimated investment of around $500 million needed for its turnaround [4] Group 3 - Pakistan is in the process of appointing advisers for the hotel transaction, with bids received from seven groups, including Citigroup Inc., CBRE Group Inc., and Savills PLC [5]

Group 1 - The quarterly reports from Pepsi and Delta Airlines, among others, will contribute to the September-quarter earnings tally for the S&P 500 index [1] - Q3 earnings for the S&P 500 are expected to increase by +5.4% year-over-year, with revenues up by +6.1%, marking the lowest earnings growth since Q3 2023 if actual growth aligns with expectations [2][8] - Positive revisions in earnings estimates have been noted for Q3 and Q4, with 7 of the 16 Zacks sectors seeing increased estimates for Q4 [3][5][7] Group 2 - Pepsi is expected to report earnings of $2.27 per share on revenues of $23.88 billion, reflecting a year-over-year decline of -1.7% in earnings and an increase of +2.4% in revenues [12] - Delta Airlines is projected to report earnings of $1.60 per share on revenues of $15.93 billion, indicating a year-over-year increase of +6.7% in earnings and +1.6% in revenues [15] - Year-to-date, Pepsi shares are down -6.1%, while Delta shares have decreased by -5.2%, both lagging behind broader market gains [13][16] Group 3 - Among the 19 S&P 500 members that reported results for fiscal quarters ending in August, total earnings increased by +11.9% year-over-year, with 73.7% beating EPS estimates [17] - The overall earnings picture for the S&P 500 index shows expected EPS growth rates of $258.12 for 2025 and $290.98 for 2026 [25]

Market Performance - All four major indices reached new all-time highs despite a government shutdown, with small caps leading the rally as the Russell gained 1.7% [1] - The S&P, NASDAQ, and Dow all increased by more than 1%, while healthcare surged close to 7% [1] - Utilities and tech sectors also saw gains of over 2%, whereas energy fell by 3.4% and communications dropped more than 2% [1] Company Highlights - Nvidia achieved a market cap of $4.5 trillion, becoming the first company in history to reach this milestone, with several banks raising their price targets for the stock [2] - Nvidia's stock climbed over 5% this week and has rallied 40% year-to-date in 2025 [3] - Intel is reportedly in early discussions to make AMD a foundry customer, although the extent of any potential manufacturing shift remains unclear [3][4] - Both Intel and AMD stocks rallied by 3.7% and 3.3% respectively during the week [4] Tesla Performance - Tesla reported over 497,000 vehicle deliveries in the third quarter, exceeding estimates of 456,000, driven by a rush to purchase EVs before the expiration of federal tax credits [5] - The company also achieved a record high in its energy business [5] - Tesla's stock initially rose but closed 2.4% lower for the week following the delivery report [4] Upcoming Earnings Reports - Earnings reports are anticipated from Delta Airlines, PepsiCo, Levis, and Constellation Brands in the upcoming week [5] - The Federal Reserve Chair Jerome Powell and other Fed speakers are expected to provide insights, along with initial jobless claims data, although a continuing government shutdown may delay some economic data releases [6]

Late night flights into Germany’s second-biggest hub were diverted after unconfirmed drone sightings led authorities to suspend operations, just hours after disruptions had eased on Friday morning https://t.co/k1vK4j8F89 ...

Market Overview - The stock market experienced a rally with the Nasdaq, S&P 500, and Dow Jones Industrial Average reaching new closing highs, indicating investor optimism despite the federal government shutdown [1] - Analysts are revising third-quarter earnings estimates higher as the earnings reporting season approaches [1] Stocks to Watch - Nvidia (NVDA) has shown a strong rebound from its 50-day line, with a buy zone extending to 193.70 [2] - Coherent (COHR) is nearing a handle breakout after pulling back from a buy zone [2] - United Rentals (URI) is in a buy zone, rebounding from its 10-week line [2] - Sea (SE) and Expedia (EXPE) are also showing signs of support, with Sea rebounding from its 50-day/10-week line and Expedia jumping off its 21-day line [2] Upcoming Events - Delta Air Lines (DAL) is set to report earnings, marking the beginning of the third-quarter earnings season [6] - Other companies expected to report include Aehr Test Systems (AEHR), Levi Strauss (LEVI), and Applied Digital (APLD), all of which are near highs or in constructive chart patterns [6] - Taiwan Semiconductor (TSM) will report monthly sales ahead of its Q3 report on October 16 [6] OpenAI Developments - OpenAI is hosting its DevDep Day event, expected to unveil new products and features leveraging its latest AI models, including GPT-5 [5] - A new feature allows ChatGPT users to purchase items directly within the chatbot interface [5] - Nvidia has announced plans to invest up to $100 billion in OpenAI, which will in turn purchase Nvidia's advanced hardware systems [5]

Despite being regarded as one of the world’s top airlines, EVA Air often receives less recognition than its Asian counterparts, such as All Nippon Airways (ANA), Cathay Pacific, and Singapore Airlines.Although I had flown EVA Air Royal Laurel business class once back in 2017, it was one of my very first experiences flying business class. However, that was on the Boeing 777-300ER and the older business class product. Even so, I still vividly remember how fantastic the experience was.So when I had the opportu ...

Core Viewpoint - Spirit Aviation Holdings, Inc. is facing a class action lawsuit due to concerns about its financial viability and significant stock price decline following a regulatory disclosure regarding its ability to continue as a going concern [1][3]. Group 1: Class Action Details - The class action is on behalf of investors who purchased securities between May 28, 2025, and August 29, 2025, with a deadline of December 1, 2025, for filing a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Financial Concerns - On August 11, 2025, Spirit disclosed substantial doubt about its ability to continue as a going concern within 12 months, citing adverse market conditions and liquidity covenants [3]. - Following this disclosure, Spirit's stock price dropped by $1.44 per share, or 40.68%, closing at $2.10 per share on August 12, 2025 [3]. Group 3: Legal Representation - The Portnoy Law Firm specializes in representing investors in claims related to corporate wrongdoing and has recovered over $5.5 billion for investors in the past [4].

Core Viewpoint - Spirit Airlines is undergoing a significant restructuring under Chapter 11, which includes plans to reduce its fleet by nearly 100 aircraft and exit various U.S. markets [1] Group 1: Fleet Reduction - The company plans to shrink its fleet by nearly 100 aircraft as part of its restructuring efforts [1] Group 2: Market Exit - Spirit Airlines will exit different U.S. markets as part of its strategic restructuring [1]

©2025 Investor's Business Daily, LLC. All Rights Reserved. *Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet. IBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC. Information in Investor's Business Daily is for informational and educational purposes only and s ...